- Excellent opportunity to join a global insurance provider
- Renewable contract with an opportunity to convert to permanent
About Our Client
Our client provides a comprehensive range of life products and services to suit every possible need of our personal, commercial, corporate, institutional and private banking customers, including catering to specialty markets through products such as Universal Life for high net-worth customers.
Job Description
- The jobholder is responsible for end-to-end pricing and implementation of new products. The role is expected to assist the Actuarial Pricing leads and participate actively in end-to-end actuarial pricing process, which includes executing premium and benefit pricing, actuarial assumption setting, profitability testing, product system implementation and user acceptance tests for quotation systems and administrative systems in ensuring end-to-end smooth and timely product delivery.
- The role will be involved in system migration and is expected to assist the Actuarial Pricing leads in various process, which includes product setup (i.e. formula, rate table setting), reviewing business requirements and user acceptance tests. The jobholder is expected to work closely with IT, Product, Policy Servicing and New Business teams to ensure timely delivery of system migration.
- The role will have ad hoc liaison with the Products, Distribution and Policy Servicing teams to closely support with client requests around in force policy statement updates, post sales illustrations, channel incentive analysis, marketing campaign setup.
- There may occasionally be exposure to other non-product development activities as well as involvement in department wide exercises such as periodic experience studies updates, financial stress tests, board reports, regulatory initiatives, systems infrastructure upgrades, sales tools and marketing support.
- The jobholder will be supporting the Head of Pricing to safeguard the financial health of the insurance company and protect the interest of policyholders as well as in ensuring the statutory responsibilities under the Insurance Act are met.
The Successful Applicant
- University graduate in a relevant discipline for example Actuarial Science, Statistics, Economics
- Minimum 1 year of actuarial experience on life insurance product pricing is preferred
- Experience with Prophet, VBA and Excel Programing is preferred
What's on Offer
- A great opportunity to join a global insurance provider and work on risk management-related projects, including addressing market risk mitigation, insurance risk review, and operational risk management
Contact
Amber Chang (Lic No: R1984307/ EA no: 18C9065)
Quote job ref
JN-052024-6415445
Phone number
+65 6541 9921
Michael Page International Pte Ltd | Registration No. 199804751N
